{"id":10036,"date":"2020-02-22T09:21:10","date_gmt":"2020-02-22T09:21:10","guid":{"rendered":"http:\/\/itatonline.org\/digest\/ajay-gupta-v-cit-2019-ctcj-december-p-151-all-hc\/"},"modified":"2021-06-06T14:30:22","modified_gmt":"2021-06-06T09:00:22","slug":"ajay-gupta-v-cit-2019-ctcj-december-p-151-all-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ajay-gupta-v-cit-2019-ctcj-december-p-151-all-hc\/","title":{"rendered":"Ajay Gupta v. CIT (2019) CTCJ-December-P, 151\/ ( 2020) 185 DTR 217 \/ 312 CTR 381 \/ 270 Taxman 71(All.)(HC)"},"content":{"rendered":"<p>The AO made addition on the basis of loose papers found during\u00a0 the search proceedings. CIT (A) deleted the addition. On appeal by the revenue the Tribunal held that CIT(A) had overlooked the provision of S.132(4A) of the Act hence\u00a0 allowed the appeal of the revenue. On appeal the High Court held that, The Tribunal only on basis of presumption u\/s. 132(4A) reversed the finding of the CIT(A), without recording any finding as to how the loose sheets which were recovered during search were linked with the assesee. In the absence of corroborative evidence, the Tribunal was not justified in reversing the finding of the CIT(A). The matter is set aside to decide on merit. (ITA No. 357 of 2010 dt. 13-11-2019)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 132(4A) : Search and seizure\u2013Presumption\u2013Appellate Tribunal-Duties-loose  papers found during search-Not absolute\u2013Order of Tribunal is set aside.[S. 158BC, 254(1)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10036","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2BS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=10036"}],"version-history":[{"count":4,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10036\/revisions"}],"predecessor-version":[{"id":18977,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10036\/revisions\/18977"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}